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First Trust Preferred Securities and Income ETF

136 hedge funds and large institutions have $1.29B invested in First Trust Preferred Securities and Income ETF in 2017 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 77 increasing their positions, 20 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

285% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 20

69% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 13

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

14% more capital invested

Capital invested by funds: $1.13B → $1.29B (+$157M)

6% more funds holding

Funds holding: 128136 (+8)

2.86% less ownership

Funds ownership: 49.2%46.34% (-2.9%)

Holders
136
Holders Change
+8
Holders Change %
+6.25%
% of All Funds
3.39%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.2%
New
22
Increased
77
Reduced
20
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$432M +$57.4M +2,856,862 +15%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$130M +$10.5M +522,385 +9%
UBS Group
3
UBS Group
Switzerland
$120M +$18.8M +935,114 +18%
Bank of America
4
Bank of America
North Carolina
$80.8M +$9.72M +483,500 +14%
LPL Financial
5
LPL Financial
California
$55.1M +$6.57M +326,883 +14%
MMA
6
Miracle Mile Advisors
California
$44M +$2.08M +103,540 +5%
ACM
7
Aviance Capital Management
Florida
$37.2M +$10.1M +502,103 +37%
RJA
8
Raymond James & Associates
Florida
$28.2M +$10.3M +512,458 +57%
HighTower Advisors
9
HighTower Advisors
Illinois
$24.6M +$3.67M +182,603 +18%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$21.8M +$2.35M +116,829 +12%
BTS
11
BB&T Securities
Virginia
$18.8M +$8.54M +425,141 +83%
TNBTD
12
Trustmark National Bank Trust Department
Mississippi
$18.3M +$3.34M +166,111 +22%
BFG
13
Beacon Financial Group
Texas
$17.8M +$99.1K +4,931 +0.6%
First Trust Advisors
14
First Trust Advisors
Illinois
$17.4M +$305K +15,152 +2%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$16.3M +$430K +21,403 +3%
BCM
16
Brookstone Capital Management
Illinois
$12.9M -$1.24M -61,895 -9%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$9.85M +$2.51M +124,705 +34%
Stifel Financial
18
Stifel Financial
Missouri
$9.33M +$2.69M +133,703 +40%
GI
19
Gradient Investments
Minnesota
$8.28M +$521K +25,925 +7%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$8.24M +$1.88M +93,756 +30%
AG
21
Advisor Group
Arizona
$8.13M +$2.31M +114,820 +40%
FAAS
22
First Allied Advisory Services
California
$6.78M +$1.16M +57,666 +21%
CAN
23
Cetera Advisor Networks
California
$6.75M +$2.39M +118,939 +55%
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$6.26M +$1.04M +51,677 +20%
KCM
25
Karp Capital Management
California
$6.25M +$321K +15,978 +5%